Egypt: Multitask Printer Market 2024

Multitask Printer Market Size in Egypt

The Egyptian multitask printer market skyrocketed to $X in 2022, rising by 77% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a mild increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Multitask Printer Exports

Exports from Egypt

Multitask printer exports from Egypt surged to X units in 2022, rising by 96% on 2021. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 610%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, multitask printer exports surged to $X in 2022. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 2,258% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

The United Arab Emirates (X units), Turkey (X units) and the Netherlands (X units) were the main destinations of multitask printer exports from Egypt, together accounting for 99% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +32.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Turkey ($X) and the Netherlands ($X) were the largest markets for multitask printer exported from Egypt worldwide, with a combined 100% share of total exports.

The Netherlands, with a CAGR of +136.9%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average multitask printer export price stood at $X per unit in 2022, growing by 91% against the previous year. Over the period under review, the export price posted significant growth. The most prominent rate of growth was recorded in 2020 an increase of 661% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+87.6%), while the prices for the other major destinations experienced more modest paces of growth.

Multitask Printer Imports

Imports into Egypt

In 2022, multitask printer imports into Egypt surged to X units, jumping by 88% compared with the previous year. Over the period under review, imports, however, saw a pronounced setback. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, multitask printer imports soared to $X in 2022. In general, imports posted a modest expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Vietnam (X units) and South Korea (X units) were the main suppliers of multitask printer imports to Egypt, together comprising 86% of total imports. Malaysia, Thailand, the Philippines, Indonesia, Japan, Germany and the Netherlands lagged somewhat behind, together comprising a further 11%.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +41.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of multitask printers, copymachines and facsimile machines to Egypt, comprising 60% of total imports. The second position in the ranking was taken by Japan ($X), with a 12% share of total imports. It was followed by Vietnam, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+7.4% per year) and Vietnam (+5.6% per year).

Import Prices by Country

In 2022, the average multitask printer import price amounted to $X per unit, declining by -5.9% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, multitask printer import price increased by +38.8% against 2018 indices. The most prominent rate of growth was recorded in 2014 an increase of 22%. Over the period under review, average import prices attained the peak figure at $X per unit in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+27.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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